What time frames are better to trade on?

REB_FX

Trader
Feb 8, 2019
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I believe it is also true that the higher the time frame the more reliable it is.
Time frame must always be in context to the strategy you use as to how effective it will be.
 
Jan 9, 2020
4
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Daily timeframe for me as well.
An advantage of looking at daily charts is that it makes your trading less emotional as it adds only one new piece of information every day. So you can sit back and take a prudent decision without worrying for tracking price change every minute. I have personally observed and learned that focusing on daily charts helps you avoid two biggest mistakes a common trader does - overtrading and overanalyzing.